Apple's Tim Cook is testifying in front of a Senate subcommittee on what Apple sees as a vastly simpler corporate tax structure to replace the outdated, overly complex structure that the U.S. has today. Listen to what he had to say in his opening statement.
Research and development are the lifeblood of the United States’ innovation economy. The breakthroughs borne out of American ingenuity fuel the U.S. economy and drive new global products and industries. [...]
Sound tax policy helps to drive economic growth, research and development (R&D), and innovation. These factors are essential to ensuring the global competitiveness of companies doing business in the United [...]
The Organisation for Economic Co-operation and Development (OECD) announced in March that Mathias Cormann will serve as the institution’s next Secretary General. Cormann’s June 1 start date means the first [...]
The Organisation for Economic Co-operation and Development (OECD) announced in October 2020 a revised goal of mid-2021 for reaching political agreement in negotiations to address tax challenges arising [...]
As we continue to look for ways to address the immediate impacts of the COVID-19 pandemic and reinvigorate the economy, tax policy provides a powerful tool. These measures afford policymakers with the [...]
As lawmakers have considered changes to the tax code over the years, a few common principles have underpinned those efforts. First, they have wanted to create incentives to locate jobs in the United States. [...]
This week action occurred in France that received little notice. On Monday, the Assemblée Nationale passed digital services tax legislation that would apply a three percent tax on revenues derived from [...]
The 116th Congress marks another moment of profound political change and an important opportunity to advance policies that meet the needs of Americans and American-based businesses in the 21st century. [...]
Across the globe, governments are realizing that outdated approaches -- from trade agreements to privacy guidelines – no longer address the needs of the modern economy. In response, many are quickly moving [...]
The start of the 115th Congress and new administration not only marked an era of profound political change, but it also presented a unique and timely opportunity to modernize outdated policies. Lawmakers [...]